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Home Energy Loss Awareness

by Cheryl Scott-Daniels

Home Energy Loss

5/28/2019

There are telltale signs that a home is wasting energy that every homeowner should be aware.

  • Drafts ... if you feel drafts in rooms when doors and windows are closed, it can indicate a leak that can adversely affect heating or air-conditioning.
  • Moisture on windows ... condensation occurs when warm moist air meets cooler dry air like when a bathroom mirror steams up after a shower.  The inside or outside of window can sweat due to temperature differentials.
  • Ice dams form at the edge of a room and prevent melting snow from running off the roof.  The water that backs up can leak into the home causing damage.
  • Higher than normal utility bills indicate that more energy is being required to keep the property at a desired temperature.
  • Excessive dust in a home can be the result of dirty HVAC filters or from air duct leaks that could be sucking in dust from the attic.
  • Mold thrives in warm, moist conditions which could exist because of leaking roof, walls, windows or poor ventilation.
  • Sinus problems affecting residents can be the result of conditions mentioned above like dust and mold.

Recognizing these conditions exist and resolving them can bring a homeowner more comfort and a safer, healthier home.  The cost of repairs may be able to be recaptured through utility savings.  Preserving energy provides a cleaner environment by eliminating greenhouse gas emissions that contribute to climate change.

Mainstream Concerns about an Economic Slowdown

by Cheryl Scott-Daniels

Mainstream Concerns about an Economic Slowdown

Mainstream Concerns about an Economic Slowdown Revisited | MyKCM

Many believe a recession could happen within the next two years. 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home also agree that a recession will occur this year or next.

However, the U.S. economy has performed well in the first quarter of 2019 and that has caused some experts to change their thinking on an impending economic slowdown.

Here are a few notable examples:

Anthony Chan, Chief Economist at JPMorgan Chase

“I feel really comfortable that the economy is slowing down this year, but not going into a recession… It doesn’t look, to me, like the odds of a recession in 2020 are there.”

Dean Baker, Senior Economist at the Center for Economic & Policy Research

 “To sum up the general picture, the U.S. economy is definitely weakening… However, with wages growing at a respectable pace, and job growth remaining healthy, we should see enough consumption demand to keep the economy moving forward. That means slower growth, but no recession.”

Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley

“I’m not convinced a recession is coming soon… I see an improving housing market (low rates help), a rebound in bank lending, a tight labor market, higher oil prices and well-behaved credit markets. All these point to a stable U.S. economic outlook.”

Bottom Line

We are seeing a stronger economy than many had predicted. That has caused some experts to push off the possibility of a recession further into the horizon.

 

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Photo of Cheryl Scott-Daniels  Real Estate
Cheryl Scott-Daniels
CSD Select Homes
991 Post Rd East
Westport CT 06880
203-341-0100
203-200-0065
Fax: 866-806-6909